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Meridian
MRBKNASDAQ
Meridian (NASDAQ:MRBK) Stock, Analyst Ratings, Price Targets, Predictions
Meridian Corp has a consensus price target of $14.5, established from looking at the 4 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods on January 29, 2024, May 4, 2023, and April 6, 2023. With an average price target of $13.67 between Piper Sandler, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods, there's an implied 34.01% upside for Meridian Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
1calculated from analyst ratings
Analyst Ratings for Meridian
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 01/29/2024 | Buy Now | 27.47% | Piper Sandler | Frank Schiraldi | $14 → $13 | Downgrade | Overweight → Neutral | Get Alert |
| 05/04/2023 | Buy Now | 27.47% | Keefe, Bruyette & Woods | Tim Switzer | $15 → $13 | Maintains | Market Perform | Get Alert |
| 04/06/2023 | Buy Now | 47.08% | Keefe, Bruyette & Woods | Michael Perito | $17 → $15 | Maintains | Market Perform | Get Alert |
| 03/22/2023 | Buy Now | 66.69% | Keefe, Bruyette & Woods | Tim Woodward | $35 → $17 | Maintains | Market Perform | Get Alert |
FAQ
What is the target price for Meridian (MRBK) stock?
The latest price target for Meridian (NASDAQ:MRBK) was reported by Piper Sandler on January 29, 2024. The analyst firm set a price target for $13.00 expecting MRBK to rise to within 12 months (a possible 27.47% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Meridian (MRBK)?
The latest analyst rating for Meridian (NASDAQ:MRBK) was provided by Piper Sandler, and Meridian downgraded their neutral rating.
When was the last upgrade for Meridian (MRBK)?
There is no last upgrade for Meridian
When was the last downgrade for Meridian (MRBK)?
The last downgrade for Meridian Corp happened on January 29, 2024 when Piper Sandler changed their price target from $14 to $13 for Meridian Corp.
When is the next analyst rating going to be posted or updated for Meridian (MRBK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Meridian, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Meridian was filed on January 29, 2024 so you should expect the next rating to be made available sometime around January 29, 2025.
Is the Analyst Rating Meridian (MRBK) correct?
While ratings are subjective and will change, the latest Meridian (MRBK) rating was a downgraded with a price target of $14.00 to $13.00. The current price Meridian (MRBK) is trading at is $10.20, which is out of the analyst’s predicted range.
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